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ConocoPhillips’ Free Cash Flow Has Strengthened in 2018

ConocoPhillips’ Free Cash Flow Has Strengthened in 2018

ConocoPhillips (COP) has strengthened its FCF (free cash flow) in the past one year. On a quarterly basis, COP’s FCF grew by 34.8% in Q3 2018. The rise in oil prices contributed to the rise in COP’s free cash flow. In part one, we discussed the impact of oil prices on COP’s earnings.